ALTG vs. DXPE, MRC, GIC, NWPX, CIX, HDSN, PKOH, MTW, EAF, and GHM
Should you be buying Alta Equipment Group stock or one of its competitors? The main competitors of Alta Equipment Group include DXP Enterprises (DXPE), MRC Global (MRC), Global Industrial (GIC), Northwest Pipe (NWPX), CompX International (CIX), Hudson Technologies (HDSN), Park-Ohio (PKOH), Manitowoc (MTW), GrafTech International (EAF), and Graham (GHM). These companies are all part of the "industrial products" sector.
Alta Equipment Group (NYSE:ALTG) and DXP Enterprises (NASDAQ:DXPE) are both small-cap industrial products companies, but which is the better stock? We will compare the two businesses based on the strength of their media sentiment, valuation, profitability, dividends, analyst recommendations, risk, earnings, community ranking and institutional ownership.
73.6% of Alta Equipment Group shares are owned by institutional investors. Comparatively, 74.8% of DXP Enterprises shares are owned by institutional investors. 20.9% of Alta Equipment Group shares are owned by insiders. Comparatively, 22.1% of DXP Enterprises shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.
Alta Equipment Group currently has a consensus target price of $21.17, suggesting a potential upside of 136.50%. DXP Enterprises has a consensus target price of $55.00, suggesting a potential upside of 6.05%. Given Alta Equipment Group's higher possible upside, analysts plainly believe Alta Equipment Group is more favorable than DXP Enterprises.
DXP Enterprises has a net margin of 3.75% compared to Alta Equipment Group's net margin of -0.21%. DXP Enterprises' return on equity of 17.93% beat Alta Equipment Group's return on equity.
In the previous week, Alta Equipment Group had 3 more articles in the media than DXP Enterprises. MarketBeat recorded 7 mentions for Alta Equipment Group and 4 mentions for DXP Enterprises. Alta Equipment Group's average media sentiment score of 1.25 beat DXP Enterprises' score of 0.71 indicating that Alta Equipment Group is being referred to more favorably in the media.
Alta Equipment Group has a beta of 1.67, indicating that its share price is 67% more volatile than the S&P 500. Comparatively, DXP Enterprises has a beta of 1.72, indicating that its share price is 72% more volatile than the S&P 500.
DXP Enterprises received 239 more outperform votes than Alta Equipment Group when rated by MarketBeat users. Likewise, 61.41% of users gave DXP Enterprises an outperform vote while only 59.46% of users gave Alta Equipment Group an outperform vote.
DXP Enterprises has lower revenue, but higher earnings than Alta Equipment Group. Alta Equipment Group is trading at a lower price-to-earnings ratio than DXP Enterprises, indicating that it is currently the more affordable of the two stocks.
Summary
DXP Enterprises beats Alta Equipment Group on 12 of the 17 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding ALTG and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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